Cycles are a tool and should not be used to the exclusion of other tools. There is always the possibility (high probability long term) that the data will be misinterpreted or a relevant fact over looked. So use cycles to check your analysis, not as the only reason to make a decision. Interpretation is the opinion of the author and may be incorrect and should be viewed in that light.
Sunday, July 16, 2017
July 17, 2017 outlook
Chart for upcoming market. Will we get the expected down turn?
Please let us know the expected low date(buying date)when we are approaching..
ReplyDeleteclearly cycles don't work well in strongly trending markets like this one. Mostly useful in sideways trading range markets but not now.
ReplyDeleteinput/opinions welcomed. No method is always right. Is why I stated that cycles should supplement your analysis.
DeleteAre you a South African?
ReplyDeleteNo
Delete